QLTA:ARCA-iShares Aaa A Rated Corporate Bond (USD)

ETF | Corporate Bond | NYSE Arca

Last Closing

USD 46.93

Change

+0.09 (+0.19)%

Market Cap

USD 0.10B

Volume

0.08M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the Bloomberg Barclays U.S. Corporate Aaa - A Capped Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is a subset of the Bloomberg Barclays U.S. Corporate Index, which measures the performance of the Aaa - A rated range of the fixed-rate, U.S. dollar-denominated taxable, corporate bond market.

Inception Date: 14/02/2012

Primary Benchmark: BBgBarc US Corp Aaa - A Cap TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.15%

Management Expense Ratio: 0.15 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-21 )

Largest Industry Peers for Corporate Bond

Symbol Name Mer Price(Change) Market Cap
LQD iShares iBoxx $ Investment Gra.. 0.15 %

+0.09 (+0.08%)

USD 28.52B
SPIB SPDR Barclays Intermediate Ter.. 0.08 %

+0.01 (+0.03%)

USD 8.17B
CORP PIMCO Investment Grade Corpora.. 0.20 %

+0.09 (+0.09%)

USD 1.09B
GIGB Goldman Sachs Access Investmen.. 0.14 %

+0.03 (+0.07%)

USD 0.73B
FLCO Franklin Liberty Investment Gr.. 0.35 %

+0.01 (+0.05%)

USD 0.38B
LQDH iShares Interest Rate Hedged C.. 0.10 %

-0.33 (-0.35%)

USD 0.36B
IBD Northern Lights Fund Trust IV .. 0.62 %

-0.12 (-0.51%)

USD 0.31B
KORP American Century Diversified C.. 0.45 %

+0.01 (+0.02%)

USD 0.25B
FCOR Fidelity® Corporate Bond ETF 0.42 %

+0.08 (+0.16%)

USD 0.22B
IGBH iShares Interest Rate Hedged L.. 0.20 %

-0.13 (-0.53%)

USD 0.16B

ETFs Containing QLTA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Corporate Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.49% 40% F 24% F
Dividend Return 1.30% 25% F 50% F
Total Return -1.19% 25% F 24% F
Trailing 12 Months  
Capital Gain 0.15% 14% F 27% F
Dividend Return 3.13% 7% C- 45% F
Total Return 3.28% 14% F 25% F
Trailing 5 Years  
Capital Gain -9.94% 44% F 32% F
Dividend Return 10.16% 25% F 37% F
Total Return 0.22% 38% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain -3.58% 40% F 24% F
Dividend Return -1.65% 13% F 19% F
Total Return 1.93% 20% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 7.60% 67% D+ 87% B+
Risk Adjusted Return -21.72% 13% F 14% F
Market Capitalization 0.10B 81% B- 55% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.